In the previous article, I shared some personal views on how Trump could successfully be elected
This article will roughly discuss some positive impacts on the cryptocurrency market after Trump's election as president
Policy-wise:
Trump has mentioned his support for the cryptocurrency market and cryptocurrencies in public on more than one occasion, and he even stated that he would create a strategic national Bitcoin reserve, promising to appoint a Bitcoin and cryptocurrency presidential advisory committee
Investment-wise:
Friends who have paid a little attention to Trump should know that he is more like a businessman, as can be seen from his tariff policies regarding our country. Therefore, I believe Trump's pro-business policies might once again make investors feel that the market environment is friendly, attracting more funds into the cryptocurrency market
Technical aspect:
Trump's economic policies usually focus on promoting technology and innovation. His successful election might also mean that more resources and funds will be directed toward the research and development of blockchain technology, keeping the United States at the forefront of global blockchain technology competition, which aligns with his slogan of making America great again
In summary, Trump's positive attitude towards the cryptocurrency market, particularly in light of yesterday's lead in the polls, has driven BTC to reach new highs of $75,000. Since Trump has chosen and supports the cryptocurrency cause, there is no doubt that he will also implement some favorable policies to promote the development of the cryptocurrency market on the international stage. More and more countries are joining the cryptocurrency market, and the future cryptocurrency market will undoubtedly thrive
In the future, #BTC may challenge $80,000 or even $100,000 or higher, but it certainly won't happen overnight. In the short term, we should look for some adjustments; a steady and gradual rise is expected. Of course, the enthusiasm from his successful election is still present, and this time, Musk's strong support cannot be overlooked. Thus, we can also pay attention to some coins related to these two figures
